All of the following are ways in which health insurance companies can potentially reduce adverse selection except
A) by insuring only large groups of people.
B) by lowering the co-payments and deductibles on the policies they issue.
C) by refusing to insure some applicants,for example based on prior health conditions.
D) by finding out as much information about a person applying for insurance,for example requiring a medical examination.
Correct Answer:
Verified
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